Dubai Aerospace sees $2 bln airport revenue by 2016

News

-Staff

Written by: Staff

|
Published: Friday, February 24, 2006, 16:39 [IST]

SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to $2 billion by 2016 by running airports in Asia.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with $15 billion in investment funds.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with billion in investment funds.

''We would like to reach sales of SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to $2 billion by 2016 by running airports in Asia.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with $15 billion in investment funds.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with billion in investment funds.

''We would like to reach sales of SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to $2 billion by 2016 by running airports in Asia.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with $15 billion in investment funds.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with billion in investment funds.

''We would like to reach sales of SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to $2 billion by 2016 by running airports in Asia.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with $15 billion in investment funds.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with billion in investment funds.

''We would like to reach sales of SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to $2 billion by 2016 by running airports in Asia.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with $15 billion in investment funds.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with billion in investment funds.

''We would like to reach sales of SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to $2 billion by 2016 by running airports in Asia.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with $15 billion in investment funds.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with billion in investment funds.

''We would like to reach sales of SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to $2 billion by 2016 by running airports in Asia.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with $15 billion in investment funds.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with billion in investment funds.

''We would like to reach sales of SINGAPORE, Feb 23 (Reuters) Dubai Aerospace Enterprise, which plans to offer aviation services ranging from aircraft leasing to airport operations, said on Thursday it expected to generate sales of up to $2 billion by 2016 by running airports in Asia.

The state-backed firm launched on Sunday its entry into the aerospace industry equipped with $15 billion in investment funds.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

The Gulf emirate company aims to develop new airports in Asia's emerging markets, through deals to build and operate airports under one contract. Its business could also include expanding and managing existing airports.

The group's managing director, Mohammed Al Zarouni, told Reuters in an interview on Wednesday that he expected to win contracts to run airports in India, Asia's third-biggest economy, this year.

Al Malik said the company could be listed on the stock market at some point in the future but this depended on its owners. He declined to says when he expected the group to make a profit.

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